The Liv-ex Fine Wine 1000 rose 2.1% in September
All of its regional sub-indices rose.
The Champagne 50 was the best-performing sub-index for the fourth consecutive month.
The Liv-ex Fine Wine 1000, the broadest measure of the market, rose 2.1% in September. The index reacted strongly last month having run slightly flat in August.
The Liv-ex Fine Wine 100 and the Fine Wine 50 also rose last month.
The market has received a boost thanks in large part to the continuing weakness of Sterling.
Champagne 50 continues to rise
For the fourth consecutive month, the Champagne 50 was the best-performing sub-index, rising 3.2%. It has now overtaken the Burgundy 150 as the best-performing sub-index over the past one year.
Trade was driven, once again, by demand for Louis Roederer Cristal, Taittinger Comtes and Dom Pérignon.
Champagne was closely followed by the Bordeaux Legends 40 which rose 3.1%, its strongest monthly gain this year. The Rest of the World 60 (2.9%) and Rhone 100 (2.7%) also showed strong gains.
The Bordeaux 500 (1.6%) and Burgundy 150 (1.8%) were the weakest performers last month.
What is the Liv-ex 1000 index?
The Liv-ex Fine Wine 1000 Index is the broadest measure of the market. It represents the price movement of 1000 of the most sought-after fine wines on the world’s most active and liquid marketplace. Stretching back over 20 years, the Liv-ex 1000 is composed of seven sub-indices from across the world: the Bordeaux 500, the Bordeaux Legends 40, the Burgundy 150, the Champagne 50, the Rhone 100, the Italy 100 and the Rest of the World 60.
Source: Liv-Ex